Thursday, May 08, 2008

Oil

Rush's take: And, see, it's been a slow bleed. That wasn't a dramatic overnight thing, and so its impact was not immediately felt. Now, at the same time, we've stopped drilling, we have stopped exploring for new sources, even though we know that it's there. According to federal government estimates, there is enough oil in the domestic areas, Gulf of Mexico and off the coasts and Alaska, 112 billion barrels. There's enough American oil we could go get, 112 billion barrels, which would be enough to power more than 60 million cars for 60 years, but we have moratoriums on drilling for all this. The environmentalists are the only ones who are happy about this. This is an attack on capitalism. It's nothing about environment. It's nothing about saving the planet. It is an attack on capitalism and an attempt to cut this country down to size. And they're succeeding with the help of the Democrat Party.